Rent increases in Berlin are becoming flatter. At the turn of the first half of 2019, the growth rates in 14 out of 22 districts were lower than in the previous month. The year-on-year increase in portfolio rents was only around 2.2 percent. New construction lettings increase by approx. 4.4 percent. Read more here.
The much more than doubling of real estate prices in Berlin within 10 years comes more from a tectonic shift on the Berlin real estate market than from a price explosion. Immigration and catching-up effects are the two main players in this process. The estimation is between 135,000 and 200.000 apartments will be needed by 2030.